{"name":"CROSMILL LIMITED","company_number":"01607965","status":"Active","type":"Private Limited Company","incorporated":"1982-01-14","dissolved":null,"registered_office":"Alton House Alton Business Park, Alton Road, Ross-On-Wye, Herefordshire, England, HR9 5BP","postcode":"HR9 5BP","sic_codes":[{"code":72110,"description":"Research and experimental development on biotechnology"}],"principal_activity":null,"previous_names":[{"name":"CROSMILL FLOCCULANTS LIMITED","changed_on":"2000-02-09"}],"warnings":[],"accounts":{"category":"Small","year_end":"31 December","last_made_up_to":"2024-12-31","next_due":"2026-12-31"},"employees":{"count":4,"accounts_date":"2024-12-31"},"financials":[{"financial_date":"2024-12-31","profit_loss":384015,"net_assets":72686,"cash":573720,"average_employees":4},{"financial_date":"2023-12-31","profit_loss":425848,"net_assets":675267,"cash":1044491,"average_employees":4},{"financial_date":"2022-12-31","net_assets":348479,"cash":657290},{"financial_date":"2021-12-31","net_assets":294706,"cash":699304},{"financial_date":"2020-12-31","net_assets":369790,"cash":627852}],"officers":{"current":2,"resigned":9,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":3,"outstanding":2},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"Crosmill Limited operates as a profitable specialist in the UK water treatment chemicals sector, generating above-sector-average margins of approximately 15-18% from its 42-year market position. However, the company's financial structure presents serious concerns: an aggressive dividend policy has extracted 2.5-3x annual profits in each of the last two years, collapsing net assets to just £72,686 and creating a P&L deficit of £222,414. The business is effectively trading on creditor and group backing rather than its own capital base, with an equity ratio of just 3.8% against sector norms of 20-30%. While sector tailwinds from regulatory tightening and infrastructure investment support demand, the current financial trajectory is unsustainable without either recapitalisation or a material reduction in dividend distributions.","website":"http://www.crosmillltd.co.uk","links":{"page":"https://www.companiesintheuk.co.uk/ltd/crosmill","people":"https://www.companiesintheuk.co.uk/company/crosmill/people","filing_history":"https://www.companiesintheuk.co.uk/company/crosmill/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/01607965","financials":"https://www.companiesintheuk.co.uk/company/crosmill/financial","control":"https://www.companiesintheuk.co.uk/company/crosmill/control","charges":"https://www.companiesintheuk.co.uk/company/crosmill/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/crosmill/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/crosmill"}